Alternus Clean Energy Inc (NASDAQ:ALCE – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 219,900 shares, an increase of 45.4% from the September 15th total of 151,200 shares. Based on an average daily trading volume, of 2,420,000 shares, the short-interest ratio is currently 0.1 days. Approximately 1.9% of the shares of the company are short sold.
Alternus Clean Energy Price Performance
Shares of ALCE opened at $2.64 on Monday. Alternus Clean Energy has a 52-week low of $2.17 and a 52-week high of $272.25. The stock’s 50-day simple moving average is $0.25 and its 200 day simple moving average is $0.32.
Alternus Clean Energy (NASDAQ:ALCE – Get Free Report) last announced its quarterly earnings results on Monday, August 26th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $3.85 million for the quarter.
About Alternus Clean Energy
Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.
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